What's Octafx minimum deposit in ZAR?

@njunga_22 - 9 months ago - Forex Brokers

I would like to know how much is required to open an account with Octafx in South African Rand and if Octafx has ZAR base currency.

@brenda_lesotho - 9 months ago

For SA traders, Octafx allows you fund your trading account through local bank transfer, instant bank transfer (Ozow and EFT secure), VISA, Skrill, Neteller, Bitcoin, Ethereum, Litecoin, Tether (ERC20, TRC20) and Dogecoin.

The Octafx minimum deposit in ZAR is 480 ZAR with local bank and instant bank transfer.

Octafx South Africa also has a minimum deposit of 25 USD with VISA, 50 USD with Neteller and Skrill, 0.00037 BTC with Bitcoin, 0.02 ETH with Ethereum, 0.3 LTC with Litecoin, 50 USDT with Tether (ERC20, TRC20) and 230 DOGE with Dogecoin.

What I don't like about Octafx is that they don't offer ZAR accounts and the only option available is USD account currency. When you deposit in ZAR it will be converted to USD by Octafx which usually is not free so you pay a conversion fee.

@kemi_allen_omevia - 6 months ago

They have a $25 minimum deposit